VGI Partners Ltd. (AU:RPL) has released an update.
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Regal Partners Limited, a specialist alternatives investment manager, has entered into a confidentiality agreement and is commencing due diligence with Platinum Asset Management. This process aims to evaluate the potential benefits and value of the proposed merger to Regal’s shareholders, although there is no guarantee of an improved offer or deal completion.
For further insights into AU:RPL stock, check out TipRanks’ Stock Analysis page.